Business
Fortuna expands Indicated Mineral Resource by 73% to 1.25 million gold ounces, Diamba Sud Project, Senegal
VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce an updated Mineral Resource estimate for the Diamba Sud Gold Project, effective January 16, 2026. Indicated Mineral Resources total 1.25 million ounces of gold, reflecting an increase of 530,000 ounces from the prior estimate and demonstrating open resource growth potential. Jorge A. Ganoza, President and CEO, commented, “This updated Mineral Resource estimate represe
About this update from Fortuna Mining Corp.
[{"type":"image","alt":"Fortuna Mining Corp.","displaySize":"","headline":null,"caption":"Fortuna Mining Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":124,"url":"https://media.zenfs.com/en/globenewswire.com/08371a105c3118f7c81a6be74a377b25"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/x8TMzGEB_lok5E_TE2i__A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/08371a105c3118f7c81a6be74a377b25","width":300,"height":124}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce an updated Mineral Resource estimate for the Diamba Sud Gold Project, effective January 16, 2026. Indicated Mineral Resources total 1.25 million ounces of gold, reflecting an increase of 530,000 ounces from the prior estimate and demonstrating open resource growth potential.","length":415,"tagName":"p"},{"type":"text","content":"Jorge A. Ganoza, President and CEO, commented, “This updated Mineral Resource estimate represents a significant advancement for the Diamba Sud Gold Project, highlighted by a 73% increase in indicated gold ounces with 94% of total gold ounces now in the indicated category. This update provides a strong foundation for the feasibility study we plan to publish by mid‑year 2026 and materially advances the project toward a final investment decision.” Mr. Ganoza continued, “Diamba Sud, together with the expansion of the Séguéla Mine, currently under study, is central to our strategy to grow Fortuna into a company capable of producing more than 500,000 ounces of gold annually from long‑life assets.”","length":700,"tagName":"p"},{"type":"text","content":"Updated Mineral Resource Highlights","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total Indicated Mineral Resources of 26.0 million tonnes averaging 1.50 g/t Au, containing 1.25 million ounces of gold.","length":119,"tagName":"p"}]},{"val":[{"type":"text","content":"First time estimation of Indicated Mineral Resources at the Southern Arc deposit, comprising 6.0 million tonnes averaging 1.91 g/t Au and containing 367,000 ounces of gold, establishing Southern Arc as the largest gold deposit discovered to date at Diamba Sud.","length":260,"tagName":"p"}]},{"val":[{"ty...